Manufacturers' expectations for output over the next three months suggest this two-track rate of growth will continue. A balance of plus 30 per cent of manufacturers expect output of capital goods to grow next quarter compared to plus two per cent for consumer items.
A balance of seven per cent plan to increase their selling prices over the next quarter but spiralling energy bills and the high cost of raw materials will keep profit margins under pressure.
CBI network of offices around the UK in Brussels and Washington, provide on-the-ground support for our members.
Confederation of British Industry
marketing@alchempro.com
